https://www.live-feeds.com/feed/scott-bessent-is-playing-with-fire-as-treasury-debt-buyback-scheme-risks-dollar-devaluation-spiralContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scott-bessent-is-playing-with-fire-as-treasury-debt-buyback-scheme-risks-dollar-devaluation-spiralhttps://www.live-feeds.com/feed/scott-bessent-is-playing-with-fire-as-treasury-debt-buyback-scheme-risks-dollar-devaluation-spiral#u49094Wed, 26 Aug 2026 10:25:22 +0000Treasury Secretary Scott Bessent doubled the maximum size of planned long-term Treasury buybacks from $2 billion to $4 billion last week to combat rising bond yields. Despite controlling nearly $1 trillion in assets to lower long-term yields, the bond market has not responded to these interventions. Critics and analysts describe the strategy as debt reshuffling rather than a true buyback, suggesting a conflict between Treasury goals and fiscal reality. Efforts to intimidate bond vigilantes into submission continue as the administration struggles to stabilize the market.Why it mattersThe Treasu https://www.live-feeds.com/feed/scott-bessent-is-playing-with-fire-as-treasury-debt-buyback-scheme-risks-dollar-devaluation-spiralhttps://www.live-feeds.com/feed/scott-bessent-is-playing-with-fire-as-treasury-debt-buyback-scheme-risks-dollar-devaluation-spiral#u47004Sun, 23 Aug 2026 15:59:24 +0000Scott Bessent is implementing a Treasury debt buyback operation that could exceed $4 billion to calm bond markets. However, the move has triggered warnings from economists and analysts that the strategy risks a dollar devaluation spiral similar to the Japanese yen. Critics argue the intervention is fueling inflation worries and represents a dangerous fiscal approach, with JPMorgan's Sullivan comparing the action to paying a mortgage with a credit card. Despite these efforts, reports indicate the Trump administration's attempts to stabilize the bond market have not yet succeeded.Why i